APSEZ inks pact with GAIL for LNG facility

APSEZ inks pact with GAIL for LNG facility

Adani Ports and Special Economic Zone (APSEZ) has entered into a long-term agreement with state-run GAIL (India) to provide liquefied natural gas regasification services at its upcoming LNG import terminal at Dhamra port in Odisha.

In a BSE filin, the company said the LNG regasification services would be provided to GAIL on a use or pay basis.

GAIL India has booked 1.5 million tonnes per annum (MTPA) regasification capacity for a period of 20 years, it said further.

GAIL plans to supply the gas to its portfolio of customers located in the eastern region and along the under development Jagdishpur Haldia gas grid.

Accordin to APSEZ CEO Karan Adani, “The LNG facility will also become a hub for supply to Bangladesh and Myanmar.”

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